A newly formed regional advocacy council for Australia and New Zealand is aiming to champion ethical behaviour and leadership in investment markets as well as set benchmarks to improve market integrity.
The council is being run by Chartered Financial Analyst (CFA) societies in both countries and will also set out to "establish credentials for professional excellence in financial services."
The council is supported by a pool of subject matter experts, who are drawn from the regional societies' resources to form council project groups that will investigate matters of competency and compliance. It is also supported by and has access to the extensive resources of the CFA Institute globally.
Acting council chair and president CFA Society Sydney, Anthony Serhan, said through the advocacy council "we will use our collective knowledge and experience to identify industry issues that impact investors and to support government, regulators and industry in creating a world-class financial system in Australia."
In establishing the council, Serhan said CFA Societies Australia and CFA Society New Zealand wanted to find members who had the depth and breadth of insights from across the financial services industry to lend their expertise to achieving this task.
Advocacy Council members:
Paula Allen - consultant and partner, Social Ventures Australia
Graeme Bibby - chief investment officer, AIA Australia
Mark Delaney - deputy chief executive and chief investments officer, AustralianSuper
Gerhard Hambusch - senior lecturer, UTS Business School - University Technology Sydney
Catherine Savage - managing director, Savage Group Limited and Independent Director
Maria Wilton - managing director, Franklin Templeton Investments
Claire Mortoni - director CFA Society Perth, and manager business projects, Wesfarmers
Anthony Serhan - acting Council chair, president CFA Society Sydney, and managing director Morningstar Australia
Dean Spicer - director CFA Society New Zealand, and head of capital markets - global markets, ANZ
Thomas Tam - director CFA Society Melbourne and manager equities, UniSuper Management.
Financial Standard editor Mark Smith presents a roundup of the week's biggest industry news and executive appointments. In this week's news:
QIC and Future Fund back $3bn renewable fund
A strategic partnership ... Watch video
We invite you to watch our latest video featuring Bell Direct chief executive officer Arnie Selvarajah.
In the video and accompanying article he explains how easily the increasing number of advisers using ... Watch video
It is often said by equity managers with a mandate to scour the entire globe for investment ideas that getting the geographic allocation right in any given year is the most important driver of returns.
That's ... Watch video
We invite you to watch our latest video featuring the head of ANZ ETFS, Kris Walesby.
In it he introduces a new ETF, due for launch later in July, which tracks the Euro Stoxx 50 index of major companies ... Watch video
We invite you to watch our latest video featuring Zurich Investments senior investment strategist Patrick Noble.
The question of how to generate a satisfactory return to meet investors' needs is becoming ... Watch video
Get it Daily
FREE to your inbox, get the Financial Standard Daily Email.